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These excerpts taken from the ESLR 10-K filed Feb 27, 2008. RESEARCH
AND DEVELOPMENT
Continuously improving our technology is an important part of
our overall strategy. Therefore, we have maintained and intend
to maintain a strong research and development effort.
Approximately 40,000 square feet of space is dedicated to
research and development and advanced engineering and contains
equipment to support the development, fabrication and evaluation
of new solar power products and technologies.
RESEARCH AND DEVELOPMENT Continuously improving our technology is an important part of our overall strategy. Therefore, we have maintained and intend to maintain a strong research and development effort. Approximately 40,000 square feet of space is dedicated to research and development and advanced engineering and contains equipment to support the development, fabrication and evaluation of new solar power products and technologies. This excerpt taken from the ESLR 10-K filed Feb 27, 2007. RESEARCH
AND DEVELOPMENT
We believe that continuously improving our technology is an
important part of our overall strategy. Therefore we have
maintained and intend to maintain a strong research and
development effort. To this end, our Marlboro, Massachusetts
facility has approximately 40,000 square feet of space
dedicated to research and development and contains equipment to
support the development, fabrication and evaluation of new solar
power products and technologies.
Our research and development expenses for the year ended
December 31, 2006 were $19.1 million, an increase of
$8.0 million, or 72%, from $11.1 million for the same
period in 2005.
Table of Contents
This excerpt taken from the ESLR 10-K filed Mar 16, 2006. RESEARCH
AND DEVELOPMENT
Research and development costs are generally expensed as
incurred.
Table of Contents
EVERGREEN
SOLAR, INC.
NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
This excerpt taken from the ESLR 8-K filed Jan 21, 2005. Research and Development
We believe that continuously improving our technology is an important part of our overall strategy. Therefore we have maintained and intend to maintain a strong research and development effort. To this end, our Marlboro, Massachusetts facility has approximately 6,000 square feet dedicated to research and development and contains equipment to support the development, fabrication and evaluation of new solar power products and technologies. We intend to continue our policy of selectively pursuing contract research, product development and market development programs funded by various agencies of the United States, state and international governments to complement and enhance our own resources. The percentage of our total revenues derived from government-related contracts was approximately 17% for the year ended December 31, 2003 and 6% for the nine months ended September 30, 2004. During 2004, we had one multi-year research contract with the National Renewable Energy Laboratory which expires on March 31, 2005. We have been awarded another multi-year research contract with the National Renewable Energy Laboratory which we expect to commence upon the completion of the current contract. This and other research contracts we have obtained generally provide for development of advanced materials and methods for wafer, cell and module manufacturing, product development and market development. In all cases to date, we retain all rights to any intellectual property and technological developments resulting from the government funding, with the exception of government “march-in” rights to practice the technology on its own behalf and certain rights universities retain for work they perform under subcontract to us. These contracts usually require the submission by us of technical progress reports, most of which may become publicly available. These contracts are generally cost-shared between the funding agency and us with our share of the total contract cost historically ranging from approximately 30% to 70%. The contracts normally expire between six months and three years from their initiation. We
recognized research revenues of $1.4 million
in 2002, $1.6 million in 2003 and $861,000 in the nine
months ended September 30, 2004 from several
government-sponsored research contracts. We recorded research
and development expenditures, including the cost of research
revenue of $3.7 million in 2002, $3.8 million in 2003
and $3.2 million in the nine months ended
September 30, 2004.
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